Binance Completes Registration With India’s Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.
Month: August 2024
Binance Registers With India’s FIU After Paying $2.25 Million Fine
The exchange is now “fully available for Indian users,” after Binance registered with the Financial Intelligence Unit as a reporting entity.
India’s Space Tech Sector Soars with Unprecedented Funding
India’s Space Tech sector is set for remarkable growth, owing to significant government investment. The recent Union Budget has allocated INR 1000 crore to support space technology startups, aimed at boosting the sector’s development and attracting further investment. This initiative, along with the establishment of the Indian National Space Promotion and Authorization Centre (IN-SPACe) in 2022, is … Read more
The Essential Role of Employee-Generated Content in Modern Marketing
One of the consequences of keeping your employees out of your marketing strategy is missing out on audience engagement and losing advantage to a major competitor, as was the case with the fast food giant. A valuable lesson in this regard can be learned from Chick-fil-A’s recent blunder of banning their employees from making viral … Read more
Why GPUs Offer a Major Edge for AI Adopters in 2024
As AI continues to take over our imagination and industries, another trend has been quietly growing behind the scenes. Graphics Processing Units (GPUs) are a type of advanced processing chip that, until recently, was heavily leveraged by the gaming industry and other highly visual use cases, originally designed to accelerate computer image processing. However, the … Read more
US gov’t Bitcoin sale ‘doesn’t affect anything’ as analyst blames bears
Governments divesting themselves of their BTC is a non-event, but Bitcoin bears make sure that the market feels the heat regardless, analysis says.
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
Critics of Sun’s involvement don’t understand the operational mechanics, the crypto custodian’s CEO, Mike Belshe, said during an X Space discussion.
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.
Let’s Write a Reverb (2021)
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Nigerian crypto wallets tied to protests evade government freeze efforts
The discrepancies between the government’s claims and the blockchain data highlight the tense dynamic between digital finance and state authorities.
Binance restarts services in India after seven-month regulatory halt
Binance, the world’s largest cryptocurrency exchange, has resumed operations for users in India after a seven-month hiatus imposed by a local authority for operating “illegally” in the country. The exchange said Thursday it has registered as a reporting entity with India’s Financial Intelligence Unit (FIU), a government agency tasked with scrutinizing financial transactions. India blocked … Read more
Binance returns India as registered crypto exchange following 7-month ban
Binance returns to India after registering with the FIU-IND, marking its 19th global regulatory milestone.
Memecoin ‘mastermind’ Sahil likely made $3M from ‘Celeb meta’ — ZachXBT
Sahil Arora is estimated to have netted around $3 million dollars this year for his efforts in launching memecoins with celebrities.
California AI bill aimed at preventing disasters draws ire from Silicon Valley
Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”
Tokenized US Treasurys expected to surpass $3B by end of 2024
Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024.
Boomer says ETH fundamentals at all-time high, price is ‘lagging’
Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager.
Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
The Quantum Butterfly Effect
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Confiction Labs Launches ‘Proof of Exposure’ to Combat Rising Bot Activity in Web3 Gaming
Proof of Exposure integrates non-fungible tokens into the game’s lore as a means to distinguish genuine players from automated bot accounts.
The Key to Bizarro’s Symbols
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Victorian Artistic Printing (2009)
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